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Sumeru Industries Ltd.’s Quarterly Result and Earnings Report for Q4(Mar 2024) :

May 8, 2024May 8, 2024| adminadmin| 0 Comments| 4:15 pm
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Highlights

  • Sales over the Year and quarter:
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 22.22 %. Marginal increase in other income during this quarter, up by 10%.
  • Profit over the Year and quarter: Significant improvement in profitability for Sumeru Industries Ltd.. Notable increase of 73.68 % in net profit Year to Year, Sumeru Industries Ltd.’s profitability dropped by -226.92 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -200 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sumeru Industries Ltd.”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 57.58 Cr Rs. 49.74 Cr Rs. 55.84 Cr + 12.26 % -3.02 %
Expenses Rs. 0.1 Cr Rs. 0.05 Cr Rs. 0.08 Cr + 60 % -20 %
Operating Profit Rs. 57.48 Cr Rs. 49.69 Cr Rs. 55.76 Cr + 12.22 % -2.99 %
OPM % 99.83 % 99.9 % 99.86 % -0.04 % + 0.03 %
Other Income Rs. 0.09 Cr Rs. 0.1 Cr Rs. 0.11 Cr + 10 % + 22.22 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr + 0 % + 0 %
Depreciation Rs. 0.03 Cr Rs. 0 Cr Rs. 0.01 Cr + 0 % -66.67 %
Profit before tax Rs. 57.54 Cr Rs. 49.79 Cr Rs. 55.86 Cr + 12.19 % -2.92 %
Tax % -18.75 % 0 % 414.29 % + 414.29 % + 433.04 %
Net Profit Rs. -0.04 Cr Rs. 0.05 Cr Rs. -0.07 Cr -240 % -75 %
EPS in Rs Rs. -0.01 Rs. 0.01 Rs. -0.01 -200 % + 0 %


Today, we’re looking at Sumeru Industries Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -3.02 %. However, it did see a marginal increase of 12.26 % from the previous quarter. Expenses ticked up slightly by 60 % quarter-on-quarter, aligning with the annual decline of -20 %. Operating profit, while down -2.99 % compared to last year, faced a quarter-on-quarter increase of 12.22 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.03 %, but a shrinkage of -0.04 % sequentially. Other income rose by 10 % compared to the last quarter, despite an annual growth of 22.22 %. Interest expenses surged remarkably by 200 % from the previous quarter, yet the year-over-year increase remains at a moderate 200 %. Depreciation costs climbed by 12.82 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -66.67 %. Profit before tax declined annually by -2.92 % but saw an increase from the preceding quarter by 12.19 %.
Tax expenses as a percentage of profits increased slightly by 433.04 % compared to last year, with a more notable quarter-on-quarter increase of 414.29 %. Net profit fell by -75 % year-on-year but witnessed a -240 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly fall of -200 %. In summary, Sumeru Industries Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 57.58 Cr Rs. 49.74 Cr Rs. 55.84 Cr + 12.26 % -3.02 %
Expenses Rs. 0.1 Cr Rs. 0.05 Cr Rs. 0.08 Cr + 60 % -20 %
Operating Profit Rs. 57.48 Cr Rs. 49.69 Cr Rs. 55.76 Cr + 12.22 % -2.99 %
Net Profit Rs. -0.04 Cr Rs. 0.05 Cr Rs. -0.07 Cr -240 % -75 %
EPS in Rs Rs. -0.01 Rs. 0.01 Rs. -0.01 -200 % + 0 %


In reviewing Sumeru Industries Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.02 % year-on-year, however, there was a minor increase of 12.26 % from the previous quarter. Expenses decreased by -20 % compared to the previous year, with a 60 % increase quarter-on-quarter. Operating Profit dropped by -2.99 % annually, and saw a 12.22 % increase from the last quarter.
Net Profit showed yearly decrease of -75 %, and experienced a -240 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however dipped by -200 % compared to the last quarter. In essence, while Sumeru Industries Ltd. exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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